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Chip Industry's Indicator
Shows Signs of Recovery

SAN JOSE -- The North American semiconductor industry's so-called book-to-bill ratio rose to 0.99 in September, signaling a recovery in the industry.

The book-to-bill ratio the compares new chip orders to prior sales. In September, chip companies received $99 in new orders for every $100 in shipments. In a press release, the industry group said the August book-to-bill ratio was revised to 0.93, from 0.90.